A $1.6 billion plan announced in November would shrink the five-tower complex to three with residential, office and hotel space and a riverfront park.
U.S. President Donald Trump’s recent levies could eradicate the profits of “Big Three” automakers General Motors, Ford and Stellantis, according to Barclays.
Detroit RenCen redevelopment plans confirmed
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Should historic designation be sought for the RenCen? Detroit council votes no
Detroit RenCen redevelopment plans confirmed; city council rejects historic designation
Detroit City Council has voted against a historic designation study for the RenCen, pursuing redevelopment instead.
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Detroit City Council shoots down RenCen historic review, paving way for GM, Bedrock plan
The $1.6 billion Renaissance Center redevelopment plan by two of Detroit’s most prominent companies would include a new Willis Tower-like observation deck — and the project would likely cost taxpayers far less than initially pitched,
Barak Turovsky, 49, has more than 25 years of artificial intelligence work experience, GM said, most recently served as vice president of AI at Cisco.
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